By Trevor Damyan, Commercial Mortgage Broker at Commercial Lending Solutions
A $5 million multifamily acquisition in Brooklyn is in the Freddie Mac Optigo SBL and Fannie Mae DUS Small sweet spot. Most $5M Brooklyn acquisitions are 6 to 18 unit walk-ups or small elevator buildings, often with rent stabilization. Most fund through agency programs at 70 to 75 percent LTV.
Get a Quote on Your $5M Deal →$5M Brooklyn multifamily acquisitions fund as a single agency loan. Freddie SBL versus Fannie Small are the primary alternatives.
Pricing reflects active CLS CRE quote pipeline as of April 2026. Specific deal pricing depends on sponsor, property, and structure.
Typical $5M Brooklyn multifamily acquisition sponsors are NYC-area private capital owners with 1 to 5 properties. Brooklyn-specific underwriting items include rent stabilization, Local Law 97, Local Law 11, and 421-a / 485-x.
On a 12-unit walk-up rent-stabilized multifamily in Bushwick, the buyer was a NYC sponsor with 3 prior Brooklyn properties. Freddie Mac Optigo SBL at 5.78 percent fixed 10-year, 72 percent LTV, $4.9M loan amount. Closed in 38 days.
Anonymized. All deal references protect borrower and lender identity.
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